john boehner says let's put a lid on loop holes and raise revenues that way. some people, including myself, believe the president wants it raise revenues by loophole closures but also raise tax rates. wasn't both. if he goes the tax rates, jim, you're talking about capital gains going from 15 to 24, including obama care tax. and you're talking about dividends going 15 to about 44. now maybe they will fix that dividend thing. but there is no question that the incentives will roll back by 10 or 15% on those two investment tax rates. no question. >> but if the dividends are fixed, did you say 25% on capital gains, i think the market will learn it live with that. if we can rework the dividend part, the market may think that is positive and think that's a risk -- >> so you might have a shock initially. but then the market will absorb the new tax rates, is that what you are saying? >> that's what i believe, certainly. then you get back into things like apple. if they raise capital gains and dividends and raise dividends up to 40% like on ordinary income, then i see